SPR has Massive Upside for Long-Term Investors
The support levels (~19.00 and ~17.00) for SPR have been tested on many occasions. This beaten-up stock has very little downside at current levels. The dismal outlook of the aerospace industry has already been priced in. SPR has a partnership with Virgin Hyperloop to manufacture infrastructure needed to build the next generation of high-speed rails. For a company trading at book value and potential for huge growth (with the rebounding aerospace industry, defense industry tailwinds, and a revolutionary rail system), investing in SPR could bring massive returns for long-term investors with patience.
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